Oil prices plunged over 1% on Wednesday due to a strong US dollar and a bigger-than-expected increase in US gasoline inventories. The dollar strengthened after reports that Trump would take aggressive measures to ensure his tariff policies are implemented. Data on Wednesday from the Energy Information Administration revealed that gasoline stocks rose by 6.3 million Read More…
Gold prices ended higher on Tuesday despite a strong dollar and Treasury yields. The rally came as investors sought safety amid uncertainty regarding Trump’s looming policy changes. Meanwhile, upbeat US data lowered expectations for Fed rate cuts in 2025. Gold is considered a haven in times of uncertainty. As market participants await Trump’s swearing-in on Read More…
Equities climbed to a one-week high on Monday as technology stocks rose despite high Treasury yields. However, market participants remained cautious ahead of key US economic data this week that will shape the outlook for Fed rate cuts. Like many times in the past, tech stocks defied the general trend and rose on Monda. Microsoft Read More…
Currency futures jumped on Monday as the dollar collapsed on news that Trump might only impose tariffs on critical goods. At the same time, the recent greenback rally paused as market participants awaited crucial employment data for clues on the Fed’s easing cycle. Dollar Index (Source: Bloomberg) The dollar fell almost 1% on Monday after Read More…
Interest futures hovered near recent lows as Treasury yields and the dollar opened the year green. Prices ended the year with a plunge following a hawkish December Fed meeting. On the other hand, the prospect of higher rates for longer boosted yields and the dollar. US Treasury yields started the year strong amid expectations for Read More…
Most currency futures eased on Thursday as the dollar started the year strong. Earlier in the session, there was some relief as the dollar fell. However, it resumed last year’s rally when investors refocused on the looming US administration change. At the same time, the less dovish outlook for the Fed in 2025 helped support Read More…
